7th Pay Commission DA Hike Update: Lakhs of central government employees and pensioners of the country have got a big gift before Holi! The government has increased the salaries of the employees. The increase in Dearness Allowance has been approved in the Modi cabinet meeting. After this approval, the salary of the employees has increased by more than 27 thousand rupees (Salary Hike). Let us tell you how much the salary of the employees of which level has increased-
7th Pay Commission DA Hike Update
7th Pay Commission DA Hike Update
According to the information received from the AICPI index, from January 1, 2023, employees will get the benefit of increased DA (DA Hike). At this time the employees (Central Employees) were getting dearness allowance at the rate of 38 per cent, but now it has been increased by 4 per cent. It has been learned from the cabinet meeting held before Holi that the employees will get the benefit of dearness allowance at the rate of 42 per cent. Dearness Allowance is calculated on the basis of AICPI-IW only.
By how much will the salary of which employee increase?
Let us tell you that if the basic salary of an employee is Rs 18,000, then there will be an increase of Rs 720 per month in his salary (Salary Hike), that is, there will be an increase of Rs 8640 in the salary of the employees. On the other hand, if the number of Basic Pay employees (Central Employees) is 56900 per month, then their salary will increase by Rs 2276 per month. Means there will be an increase of 27312 in salary on annual basis. There may be an announcement to increase the salary soon from the government.
7th Pay Commission DA Hike
According to the information received from the sources, it is believed that PM Modi can announce it before Holi. After Holi, the Finance Ministry will issue its notification. Enhanced Dearness Allowance is also to be given along with the March salary. Employees (Central Employees) will also get DA arrears of two months.
Dearness Allowance for January 2023 is usually announced before Holi! If dearness allowance is increased by 4 percent (DA Hike)! So the expenditure of central employees will increase from the current 38 percent to 42 percent! After a four percent increase in DA in September 2022, now the central employees are waiting for an increase in Dearness Allowance in the new year!
Dearness Allowance was also increased by 4 percent in July.
Let us tell you that if there is a 4% increase in the DA of the employees (7th Pay Commission DA Hike)! So Dearness Allowance will reach at the rate of 42 percent. In July 2022 also, the government had increased the DA of the employees by 4 percent (DA Hike). The increase in DA and DR will benefit lakhs of central employees and pensioners.
See also:- EPFO ​​Account Help Center: If you have problems with EPFO ​​account, contact here, the problem will be solved immediately.